Housing Market Analysis for MEADOWBANK DRIVE, NE62 5YZ

Are you looking to understand NE62 5YZ house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Northumberland postcode.

For the location information and nearby amenities in the NE62 5YZ area, explore the NE62 5YZ Area information page.
For comprehensive crime statistics in the NE62 5YZ area, explore the NE62 5YZ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE62 5YZ postcode area, The average prices are as follows,

Detached
- The average price is around £110,809 median price is £85,975 Standard Deviation is £49,108 with Total Sold: 36
- The Last 5 Year average price is £205,000 with Total Sold: 1
- The most recent sale happened at this postcode is 5 MEADOWBANK DRIVE: £205,000 (Sold on 24 Jun 2022)
- The first recorded sale happened at this postcode is 2 MEADOWBANK DRIVE: £79,950 (Sold on 17 Aug 1995)
Semi-Detached
- The average price is around £93,409 median price is £94,950 Standard Deviation is £42,334 with Total Sold: 21
- The Last 5 Year average price is £165,000 with Total Sold: 2
- The most recent sale happened at this postcode is 32 MEADOWBANK DRIVE: £200,000 (Sold on 10 Jun 2022)
- The first recorded sale happened at this postcode is 14 MEADOWBANK DRIVE: £45,500 (Sold on 07 Apr 1995)
Terraced
- The average price is around £29,500 median price is £29,500 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 23 MEADOWBANK DRIVE: £29,500 (Sold on 27 Feb 2004)
- The first recorded sale happened at this postcode is 23 MEADOWBANK DRIVE: £29,500 (Sold on 27 Feb 2004)

Sold Price Trend Over the Years:

Below table and chart gives the average NE62 5YZ house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£205,000	£2,531	1
2017	£158,000	£1,766	2
2016	£165,000	£2,037	2
2015	£150,000	£2,308	1
2012	£160,000	£1,538	1
2011	£172,500	£2,038	2
2010	£140,000	£2,154	1
2007	£178,167	£1,901	3
2006	£167,000	£1,740	1
2003	£149,950	£1,851	1
2002	£77,475		2
2001	£76,238	£952	4
2000	£74,180	£714	5
1998	£72,587	£846	5
1997	£66,000	£741	1
1996	£51,750	£825	2
1995	£64,225		2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£200,000	£2,632	1
2019	£130,000	£1,857	1
2014	£124,999	£1,786	1
2013	£94,950	£1,637	1
2010	£105,000	£1,833	2
2009	£128,500	£1,713	2
2008	£142,000		1
2006	£114,975	£1,920	2
2003	£117,000	£2,017	1
2001	£55,000		1
2000	£51,350	£786	2
1999	£45,000	£818	1
1998	£49,000	£700	1
1997	£52,500		1
1996	£52,000	£684	1
1995	£49,750	£758	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2004	£29,500	£434	1

All the Sales in the MEADOWBANK DRIVE, NE62 5YZ

See the table below for more details on the sold house prices in the NE62 5YZ, Northumberland postcode.

Address	Sold Date	Price	% Change
5 MEADOWBANK DRIVEDetached, FreeholdArea: 81 Sq.mtrAge: 1991-1995	24 Jun 2022	£205,000	24.24%
	12 Oct 2016	£165,000	0.0
	30 Sep 2016	£165,000	-8.33%
	08 Apr 2011	£180,000	20.04%
	27 Aug 2003	£149,950	66.70%
	21 Aug 2001	£89,950	12.44%
	20 Feb 1998	£79,995	First Sale
32 MEADOWBANK DRIVESemi-Detached, FreeholdArea: 76 Sq.mtrAge: 1996-2002	10 Jun 2022	£200,000	42.86%
	27 Feb 2009	£140,000	169.23%
	25 Oct 1996	£52,000	First Sale
25 MEADOWBANK DRIVESemi-Detached, FreeholdArea: 70 Sq.mtrAge: 1991-1995	14 Mar 2019	£130,000	4.00%
	15 Aug 2014	£124,999	127.27%
	26 May 2000	£55,000	12.24%
	19 Jun 1998	£49,000	First Sale
21 MEADOWBANK DRIVEDetached, FreeholdArea: 96 Sq.mtrAge: 1991-1995	24 Mar 2017	£155,000	-7.19%
	05 Apr 2006	£167,000	114.10%
	20 Jul 1998	£78,000	First Sale
34 MEADOWBANK DRIVEDetached, FreeholdArea: 84 Sq.mtrAge: 1991-1995	03 Mar 2017	£161,000	-3.88%
	03 Oct 2007	£167,500	123.33%
	14 Dec 2001	£75,000	25.10%
	14 Apr 2000	£59,950	-0.08%
	31 Mar 2000	£60,000	0.08%
	31 Jul 1998	£59,950	First Sale
18 MEADOWBANK DRIVEDetached, FreeholdArea: 65 Sq.mtrAge: 1983-1990	28 Oct 2015	£150,000	7.14%
	22 Feb 2010	£140,000	First Sale
14 MEADOWBANK DRIVESemi-Detached, FreeholdArea: 58 Sq.mtrAge: 1991-1995	30 Jan 2013	£94,950	-18.85%
	24 Jan 2003	£117,000	157.14%
	07 Apr 1995	£45,500	First Sale
1 MEADOWBANK DRIVEDetached, FreeholdArea: 104 Sq.mtrAge: 1991-1995	26 Oct 2012	£160,000	-14.89%
	16 Aug 2007	£188,000	First Sale
27 MEADOWBANK DRIVEDetached, FreeholdArea: 89.02 Sq.mtrAge: 1996-2002	19 Aug 2011	£165,000	117.11%
	16 Mar 2001	£76,000	15.15%
	03 Oct 1997	£66,000	First Sale
12 MEADOWBANK DRIVESemi-Detached, FreeholdArea: 57.28 Sq.mtrAge: 1976-1982	28 May 2010	£90,000	-25.00%
	29 Apr 2010	£120,000	9.09%
	13 Feb 2006	£110,000	First Sale
8 MEADOWBANK DRIVESemi-Detached, FreeholdArea: 73.9 Sq.mtrAge: 1996-2002	26 Jun 2009	£117,000	116.67%
	25 Aug 1995	£54,000	First Sale
22 MEADOWBANK DRIVESemi-Detached, Freehold	25 Apr 2008	£142,000	118.63%
22 MEADOWBANK DRIVESemi-Detached, Freehold	15 Mar 2002	£64,950	First Sale
19 MEADOWBANK DRIVEDetached, Freehold	07 Dec 2007	£179,000	126.58%
19 MEADOWBANK DRIVEDetached, Freehold	16 Aug 2000	£79,000	First Sale
28 MEADOWBANK DRIVESemi-Detached, Freehold	08 May 2006	£119,950	151.47%
28 MEADOWBANK DRIVESemi-Detached, Freehold	04 Aug 2000	£47,700	First Sale
23 MEADOWBANK DRIVETerraced, LeaseholdArea: 68 Sq.mtrAge: 1991-1995	27 Feb 2004	£29,500	First Sale
3 MEADOWBANK DRIVEDetached, Freehold	11 Oct 2002	£90,000	85.57%
3 MEADOWBANK DRIVEDetached, Freehold	01 Sep 1995	£48,500	First Sale
24 MEADOWBANK DRIVESemi-Detached, Freehold	03 Aug 2001	£55,000	First Sale
4 MEADOWBANK DRIVEDetached, Freehold	13 Jul 2001	£64,000	24.27%
4 MEADOWBANK DRIVEDetached, Freehold	13 Mar 1996	£51,500	First Sale
20 MEADOWBANK DRIVEDetached, Freehold	01 Sep 2000	£88,000	First Sale
11 MEADOWBANK DRIVEDetached, Freehold	02 Jun 2000	£83,950	First Sale
30 MEADOWBANK DRIVESemi-Detached, FreeholdArea: 55 Sq.mtrAge: 1996-2002	17 Dec 1999	£45,000	First Sale
7 MEADOWBANK DRIVEDetached, FreeholdArea: 92 Sq.mtrAge: 1996-2002	26 Jun 1998	£79,995	First Sale
9 MEADOWBANK DRIVEDetached, Freehold	29 May 1998	£64,995	First Sale
10 MEADOWBANK DRIVESemi-Detached, Freehold	14 Apr 1997	£52,500	First Sale
16 MEADOWBANK DRIVEDetached, FreeholdArea: 63 Sq.mtrAge: 1967-1975	16 Apr 1996	£52,000	First Sale
2 MEADOWBANK DRIVEDetached, Freehold	17 Aug 1995	£79,950	First Sale

Check out the sold house prices near the NE62 5YZ postcode. Properties currently for saleProperties currently for rent

MEADOWBANK DRIVE, NE62 5YZ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE62 5YZ postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the NE62 5YZ postcode.

Semi-Detached
- The average price is around £79,132 median price is £70,000 Standard Deviation is £38,750 with Total Sold: 383
- The Last 5 Year average price is £99,278 with Total Sold: 71
- The most recent sale happened at this postcode is , 12 WELBECK ROAD: £39,999 (Sold on 02 May 2024)
- The first recorded sale happened at this postcode is , 9 ACREFORD COURT: £55,950 (Sold on 25 Jan 1995)
Detached
- The average price is around £121,950 median price is £96,300 Standard Deviation is £58,818 with Total Sold: 125
- The Last 5 Year average price is £209,554 with Total Sold: 13
- The most recent sale happened at this postcode is , 2 ORCHARD GARDENS: £264,950 (Sold on 14 Dec 2023)
- The first recorded sale happened at this postcode is , 11 ACREFORD COURT: £70,500 (Sold on 08 Feb 1995)
Flat
- The average price is around £60,940 median price is £60,250 Standard Deviation is £33,076 with Total Sold: 74
- The Last 5 Year average price is £80,538 with Total Sold: 12
- The most recent sale happened at this postcode is , 5 LABURNUM COURT: £72,500 (Sold on 14 Sep 2023)
- The first recorded sale happened at this postcode is , 4 LABURNUM COURT: £29,500 (Sold on 07 Apr 1995)
Terraced
- The average price is around £75,500 median price is £74,000 Standard Deviation is £40,998 with Total Sold: 125
- The Last 5 Year average price is £85,348 with Total Sold: 21
- The most recent sale happened at this postcode is , 1 LINDISFARNE WALK: £65,000 (Sold on 12 May 2023)
- The first recorded sale happened at this postcode is , 24 HIGH STREET: £9,000 (Sold on 30 Nov 1995)
Other
- The average price is around £131,857 median price is £100,000 Standard Deviation is £90,167 with Total Sold: 7
- The Last 5 Year average price is £118,250 with Total Sold: 4
- The most recent sale happened at this postcode is , 4 - 6 HIGH STREET: £100,000 (Sold on 21 Dec 2020)
- The first recorded sale happened at this postcode is , 31 THE SQUARE: £215,000 (Sold on 15 Jun 2015)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£72,500	£1,203	4
2023	£106,857	£1,320	7
2022	£120,173	£1,437	13
2021	£104,896	£1,359	27
2020	£83,360	£1,107	10
2019	£78,270	£1,046	10
2018	£105,100	£1,246	10
2017	£84,300	£1,025	15
2016	£100,850	£1,171	15
2015	£99,494	£1,104	9
2014	£78,512	£1,038	14
2013	£79,421	£875	14
2012	£87,800	£1,124	8
2011	£73,936	£1,051	10
2010	£84,611	£1,265	9
2009	£107,750	£1,291	8
2008	£115,500	£1,473	5
2007	£104,498	£1,418	17
2006	£86,633	£1,074	19
2005	£105,583	£1,202	12
2004	£78,526	£889	24
2003	£71,942	£1,013	14
2002	£48,900	£565	20
2001	£48,706	£735	9
2000	£50,448	£563	20
1999	£52,292	£749	6
1998	£39,552	£463	12
1997	£49,143	£646	22
1996	£28,511	£339	7
1995	£46,577	£620	13

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£238,317	£1,972	3
2022	£200,200	£2,170	5
2021	£245,000	£2,415	2
2020	£185,000	£1,425	2
2019	£148,250	£1,808	1
2018	£147,500	£1,536	2
2017	£163,800	£1,934	5
2016	£154,720	£1,629	5
2015	£146,250	£1,706	4
2014	£147,475	£1,959	2
2013	£167,000	£1,120	1
2012	£160,000	£1,538	1
2011	£172,000	£1,870	3
2010	£153,500	£1,809	2
2007	£180,642	£1,919	7
2006	£184,071	£1,978	7
2005	£163,500	£2,153	4
2004	£144,667	£1,685	3
2003	£115,975	£1,392	2
2002	£88,979	£962	5
2001	£75,408	£928	6
2000	£71,267	£703	9
1999	£59,082	£687	6
1998	£89,177	£794	12
1997	£65,386	£755	14
1996	£57,611	£811	4
1995	£77,488	£698	8

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£55,750	£959	2
2022	£64,333	£1,023	3
2021	£45,000	£938	1
2020	£72,000	£1,091	1
2019	£108,990	£1,310	5
2018	£58,150	£1,025	3
2017	£61,000	£616	1
2016	£64,000	£815	2
2015	£45,000	£696	1
2014	£57,500	£772	2
2013	£50,500	£868	2
2012	£75,225	£982	2
2010	£72,000	£1,126	1
2009	£77,000	£1,128	4
2008	£90,300	£1,190	3
2007	£81,889	£1,334	9
2006	£77,475	£1,183	4
2005	£82,000	£1,237	3
2004	£53,000	£659	2
2003	£40,125	£741	6
2002	£31,083	£545	6
2001	£32,667	£518	3
2000	£22,912	£431	4
1999	£16,500		1
1998	£27,750	£430	2
1995	£29,500	£537	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£67,750	£1,025	2
2022	£92,000	£1,361	3
2021	£106,690	£1,386	5
2020	£81,000	£857	5
2019	£73,725	£853	6
2018	£114,800	£1,100	5
2017	£77,200	£1,005	5
2016	£72,950	£1,024	5
2015	£64,725	£763	2
2014	£53,833	£720	3
2013	£92,250	£1,293	2
2012	£74,000	£703	3
2011	£78,333	£840	3
2010	£99,950	£1,126	1
2009	£39,000	£609	1
2008	£90,000		2
2007	£110,014	£1,296	16
2006	£88,223	£1,188	13
2005	£119,112	£1,254	4
2004	£74,488	£1,137	4
2003	£41,250	£418	4
2002	£49,980	£745	10
2001	£49,240	£445	5
2000	£15,000	£165	1
1999	£40,550	£409	4
1998	£25,300	£360	5
1997	£40,998	£585	2
1996	£26,950	£406	2
1995	£18,475	£99	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£68,000	£500	2
2019	£168,500	£1,187	2
2017	£85,000		1
2016	£150,000	£1,199	1
2015	£215,000	£2,312	1

House Type in NE62 5YZ area

The most common house types in the NE62 5YZ postcode area are Semi-detached (63), Detached (59), and Terraced (6).

Total	128
Semi-detached	63
Detached	59
Terraced	6
Flat	0
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (61), and Owned: Owns with a mortgage or loan (56).

Owned: Owns outright	61
Owned: Owns with a mortgage or loan	56
Private rented: Private landlord or letting agency	9
Private rented: Other private rented	3
Social rented: Other social rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the NE62 5YZ have 2 people in household (58), and 1 person in household (26).

2 people in household	58
1 person in household	26
3 people in household	24
4 people in household	15
5 people in household	2
6 people in household	2
7 people in household	2
0 people in household	0
8 or more people in household	0